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Essex Property Trust

497 hedge funds and large institutions have $18.8B invested in Essex Property Trust in 2019 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 167 increasing their positions, 184 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more funds holding in top 10

Funds holding in top 10: 911 (+2)

22% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 45

20% more capital invested

Capital invested by funds: $15.6B → $18.8B (+$3.14B)

2.12% more ownership

Funds ownership: 96.52%98.64% (+2.1%)

2% more funds holding

Funds holding: 489497 (+8)

9% less repeat investments, than reductions

Existing positions increased: 167 | Existing positions reduced: 184

16% less call options, than puts

Call options by funds: $66.2M | Put options by funds: $78.5M

Holders
497
Holders Change
+8
Holders Change %
+1.64%
% of All Funds
10.76%
Holding in Top 10
11
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+22.22%
% of All Funds
0.24%
New
55
Increased
167
Reduced
184
Closed
45
Calls
$66.2M
Puts
$78.5M
Net Calls
-$12.4M
Net Calls Change
+$37.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
51
Ameriprise
Minnesota
$44.8M -$1.8M -6,612 -4%
PPA
52
Parametric Portfolio Associates
Washington
$44.7M +$2.2M +8,068 +6%
State of New Jersey Common Pension Fund D
53
State of New Jersey Common Pension Fund D
New Jersey
$44.2M +$2.73M +10,000 +7%
H
54
Hexavest
Quebec, Canada
$40.7M +$38.4M +140,812 New
PNC Financial Services Group
55
PNC Financial Services Group
Pennsylvania
$37.3M +$186K +683 +0.5%
New York State Common Retirement Fund
56
New York State Common Retirement Fund
New York
$37.2M -$81.9K -300 -0.2%
NIPH
57
NN Investment Partners Holdings
Netherlands
$36.7M -$3.38M -12,384 -9%
Wells Fargo
58
Wells Fargo
California
$36.6M +$2.53M +9,285 +8%
Janus Henderson Group
59
Janus Henderson Group
United Kingdom
$36.5M +$20.6M +75,534 +149%
Aberdeen Group
60
Aberdeen Group
United Kingdom
$36.3M -$6.7M -24,545 -16%
RhumbLine Advisers
61
RhumbLine Advisers
Massachusetts
$35.8M -$3.35M -12,294 -9%
JIC
62
Johnson Investment Counsel
Ohio
$35.7M +$8.03M +29,426 +31%
Neuberger Berman Group
63
Neuberger Berman Group
New York
$32.3M -$1.75M -6,424 -5%
Allianz Asset Management
64
Allianz Asset Management
Germany
$31.5M +$326K +1,194 +1%
California State Teachers Retirement System (CalSTRS)
65
California State Teachers Retirement System (CalSTRS)
California
$31.3M -$615K -2,253 -2%
MAM
66
Martingale Asset Management
Massachusetts
$30.9M +$7.96M +29,188 +38%
New York State Teachers Retirement System (NYSTRS)
67
New York State Teachers Retirement System (NYSTRS)
New York
$29.4M -$334K -1,223 -1%
Nordea Investment Management
68
Nordea Investment Management
Sweden
$29.3M -$5.98M -21,933 -18%
SO
69
STRS Ohio
Ohio
$29M -$2.46M -9,000 -8%
HRES
70
Heitman Real Estate Securities
Illinois
$28.6M +$2.29M +8,386 +9%
UBS Group
71
UBS Group
Switzerland
$28.2M +$9.89M +36,232 +59%
State Board of Administration of Florida Retirement System
72
State Board of Administration of Florida Retirement System
Florida
$28.2M +$180K +660 +0.7%
WBC
73
Westpac Banking Corp
Australia
$27.5M -$2.33M -8,530 -8%
Ohio Public Employees Retirement System (OPERS)
74
Ohio Public Employees Retirement System (OPERS)
Ohio
$27.4M -$1.24M -4,557 -5%
AAMU
75
Amundi Asset Management US
Massachusetts
$26.8M -$3.31M -12,142 -12%

ESS Hedge Fund Activity: Q1 2019 in Review

497 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q1 2019, worth a combined $18.8B — up 20% from $15.6B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new ESS positions and 45 closed out — a net gain of 10 holders — while 167 added to existing stakes and 184 trimmed.

The largest buyer was State Street, adding an estimated $142M. The largest seller was Cohen & Steers, cutting an estimated $45.1M.

  • 497 institutional investors held Essex Property Trust (ESS) as of Q1 2019, up from 489 in Q4 2018.
  • Funds reported $18.8B of Essex Property Trust stock for Q1 2019, up 20% quarter-over-quarter.
  • 55 funds opened new Essex Property Trust positions in Q1 2019 and 45 closed out, a net change of +10 holders.
  • The largest Essex Property Trust buyer in Q1 2019 was State Street, an estimated $142M added.
  • The largest Essex Property Trust seller in Q1 2019 was Cohen & Steers, an estimated $45.1M sold.

Based on aggregated 13F filings for Q1 2019.